Prop firm review

FXIFY review

★★★★★3.7/ 5 Tradedge rating

Details checked 27 Sept 2026. Always confirm current terms on the firm's site.

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Our verdict

FXIFY is a London-based firm launched in 2023 that routes trading through the broker FXPIG. On its phase-based programmes it allows news trading and weekend holding with 1:30 gold leverage, but standard payouts after the first are monthly.

FXIFY launched in 2023 and is one of the few prop firms to name its broker partner, FXPIG, operating via Alchemy Markets. It sells one-, two- and three-phase evaluations plus instant funding. On the $100K two-phase account, traders need 10% then 5%, with a 4% daily limit and a 10% overall limit that PropFirmMatch describes as trailing the balance, so it rises as profits are banked. The starting split is 80%, and the first payout can be requested on demand after a profitable trade. After that the standard cycle is every 30 days, shortened to 14 days if an add-on is bought. For gold traders, the phase-based programmes are relatively permissive: XAUUSD leverage is 1:30, news trading is unrestricted and positions can be held over weekends. Instant and Lightning accounts are stricter, with 1:20 leverage, a five-minute news window and no weekend holding. Expert advisors need prior approval. The firm holds a 4.3 rating on Trustpilot from about 6,300 reviews and replies to almost all negative ones, though several complaints concern account closures for alleged latency arbitrage with little explanation.

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Pros

  • Named broker (FXPIG) behind execution
  • News trading and weekend holding allowed on phase programmes
  • Gold leverage 1:30
  • First payout available on demand
  • TradingView integration

Cons

  • Trailing max loss on the popular 2-Phase model
  • Payouts every 30 days after the first unless you pay for an add-on
  • Trustpilot complaints about latency-arbitrage terminations without detail
  • Younger firm (2023)

Key facts

FoundedApril 2023
HeadquartersLondon, UK
Evaluation types1-Phase, 2-Phase (trailing and Pro), 3-Phase, Instant / Lightning
Popular account$100K 2-Phase
Fee549
Profit target10% / 5%
Max daily loss4%
Max total loss10% (trailing balance per PropFirmMatch)
Minimum trading daysNot published
Time limitNot published
Profit split80% (up to Not verified (higher splits sold as add-ons))
PayoutsFirst on-demand, then every 30 days (14 days with add-on; 2-Phase Pro every 10 days)
First payoutOn demand after first profitable trade (1/2/3-Phase)
PlatformsMT5, TradingView, DXtrade
Broker / liquidityFXPIG (via Alchemy Markets)
Gold (XAUUSD) allowedYes
Gold leverage1:30 on 1/2/3-Phase; 1:20 on Instant
Gold restrictionsNews unrestricted on 1/2/3-Phase; 5-min window on Instant/Lightning; weekend holding not allowed on Instant
EAs allowedYes with pre-approval on 1/2/3-Phase; not on Instant/Lightning
News tradingAllowed on phase programmes; restricted on Instant/Lightning
Accepts traders from IndiaYes (India not on restricted list)
Payment methodsCard, Crypto, PayPal, Apple Pay, Google Pay
Trustpilot4.3 from 6,305 reviews (checked 2026-09-27)

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Sources used for this review

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